Micron Enviro Systems, Inc. has been evaluating potential Potash opportunities in Canada and the USA. Management is conducting due diligence on possible acquisitions or joint ventures. At this time there is no guarantee that a final deal will be completed.
Recently, Micron submitted additional coal permit applications in east central Saskatchewan, Canada. This acreage is in close proximity to a recent new coal discovery made by Goldsource Mines Inc. ("Goldsource").
Goldsource's shares have risen from $0.30 to $11.29 since announcing their potential new coal discovery on April 22, 2008. Previously, Micron submitted claims and received a Letter of Comfort in regards to those claims. The letter of comfort indicates that Micron has priority in regards to the previously applied for coal permits. There are no guarantees that any of those proposed permits will be awarded to Micron.
Bradley Rudman, president of Micron stated, "Management's goal is to obtain quality prospects that could add significant shareholder value. We anticipate additional information regarding our existing prospects shortly."